Press release
Spain Residential Real Estate Market Overview by Size, Share, Revenue, Future Growth, Development and Forecast to 2027 | By Demand Analysis
According to a recent report published by Allied Market Research, titled, “Spain Residential Real Estate Market by Budget and Size: Opportunity Analysis and Industry Forecast, 2020–2027,” the Spain residential real estate market size accounted for $128.3 billion in 2018, and is expected to reach $149.9 billion by 2027, registering a CAGR of 8.0% from 2020 to 2027. In 2018, the less than $300,000 segment dominated the market, accounting for around 73.2% share of the global electric taps industry, followed by $300,001–$700,000 segment.The Spain residential real estate market includes the revenue generated by buying and selling of residential property that consists of mini-flats, studio apartments, bungalows, and villas.
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Leading Players:
The major players profiled in the electric taps market include ACS Group, FCC, GG Homes, GH Costa Blanca, Hamilton Leon, Housfy, Miralbo Urbana, Molina Toro SL, Sitara Master Builders, and Triton Levante.
The Spain residential real estate market is mainly driven by rise in rents in major cities of Spain like Madrid and Barcelona where there are major job opportunities for the people. Therefore, investments in residential properties have given better returns in terms of economy. In addition, the market is driven by foreign investments, owing to favorable rules and regulations set by the government for foreign investors.
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However, there was excess construction of residential properties, which led to surge in the demand and supply gap in the market. In addition, due to outbreak of COVID-19, lockdown was announced which hampered the construction activities as well as impacted the transactions occurring in the residential real estate market. On the contrary, post COVID-19 the builders, contractors, and real estate agencies have requested the government to waive or reduce the taxes charged on transactions of the real estate properties. Such strategy boosts the Spain residential real estate market during the forecast period.
KEY QUESTIONS ANSWERED IN THE REPORT:
Q1. At what CAGR will the Spain Residential Real Estate Market is expected to expand in between 2021 - 2027?
Q2. What will be the revenue of Global industry by the end of 2027?
Q3. How can I get sample report for Spain Residential Real Estate Market?
Q4. Which factors drive the growth of the global industry?
Q5. Who are the leading players in Spain Residential Real Estate Market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of Spain Residential Real Estate Market?
Q8. What are the major growth strategies of Spain Residential Real Estate Market Players?
Q9. By product, which segment is projected to manifest the highest CAGR during 2021 - 2027?
Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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